Camp property search

[ArlyA]

Many camps we looked at this spring, are still for sale.

 

[paulsharvey]

Show me one FS in the UP of MI.

Yeah, you lost me

No, I'm just arguing that the shed conversions are over priced for what they offer. 100% depending on location, that often aren't considered habitable, they aren't inspected during the build (if delivered or purchased complete), and they really are crazy small in many cases. How often have you seen "Handi Houses" that have rotten double 2x6 runners. Yes, they are PT, and are 4-8" above ground, but they are still rotten in 10 years. Even for northern folks who don't have to worry about wind; are those roofs snow load rated.

What a "light convertion" shed does offer; they Do make a great "base camp" or sort of a short term, better than tent option. I have seen some larger, well done conversion, but without seeing the structure below, and stuff like termite treatment, as well as the $50k price tag, they aren't something I would think of as a perm home.

 

[paulsharvey]

Also, the light conversion sheds would be fine for a hunting camp or a unimproved lake/river property. I just question spending the money to try to turn them into something the basic shell and foundation aren't.

 

[paulsharvey]

BTW, Arly, I didn't mean to side track your thread with talk of shed houses

 

[chris the wrench]

Many camps we looked at this spring, are still for sale.

Sounds like YOU are in a good bargaining position! Sitting on the market for 6 months and heading into winter?

 

[ArlyA]

140 for 40 acres sounds like a good deal even with that “structure”. Does it have septic or well?

It has a shallow well that's waaaaaay to close to the septic. So that needs to be updated and new well dug.

 

[paulsharvey]

So, for comparison, I walked a property with my sister today. It's 6.0 acres, on a paved road, on a approx 400 acre lake, with 200lf of frontage. 1950s home, atleast a total gut, possible a knock down; 2 wells (1 with an open casing, no drop pipe, assume total loose; and the other a 2" galv casing with 1" pvc drop pipe; no pump or tank); there is a septic tank somewhere, and I think I ID'd the location; but I told her assume the worst. Anyways, asking $165k; I walked it, looked at everything, and told her; $132,000 is what I say is the land (that's what I figure as a good deal on land), and maybe some extra for the pole service, and access.

I put a $12,000 per acre and $250/LF of lake front as my formula in north east-north central FL, close to town

 

[chris the wrench]

I put a $12,000 per acre and $250/LF of lake front as my formula in north east-north central FL, close to town

I still can't believe the prices you guys see. We don't have many lakes out west, and most are reservoirs that fluctuate in water levels so dramatically that your boat is in either good water depth or it's drained and sitting in dirt! So if it's a real lake with semi-steady water level and has a house on it, add a few zeros to your price.

That being said, this is a great thread. I LOVE spending or commenting on other peoples real estate transactions.

 

[airbiscuit]

What's the price of the 90 acre site with the large out building?

 

[ArlyA]

What's the price of the 90 acre site with the large out bulding?

245K